Here's how I fixed a very similar crack on my '93 SN, and IIRC the RN hulls are all SMC as well...
- on the outside, grind/sand down to the crack on a taper on both sides of the line...so if you were to look down the crack it would be a gentle V. This will give you surface area to adhere to, and let you build up more layers right at the crack.
- use only epoxy resin, not the cheaper polyester resin.
- get some good fiberglass cloth, and slowly build up layers...a thin first strip right over the crack, and then wider as you build up to follow & fill in the shape of the V.
- remember to only use enough resin to fully wet the fiberglass cloth, more than that is adding weight and not adding strength.
- I did a light skim coat of epoxy resin as the final layer, so that I could fill and gently sand w/o exposing fiberglass cloth. Paint and your good to go.
- now reinforce on the inside as well, remember to roughen up the surface first for good adhesion. Apply a few layers...and reinforce the other side while you are at it!
This is what I did, and 3 years later it is still holding up strong....